Trade Me’s seeing a rush on gold and silver listings.

Searches for both metals have surged on the site - and are now the second and third fastest-rising terms over the past week.

Gold and silver hit record highs late last month, before dipping and then rallying again.

Trade Me spokesperson Millie Silvester says the spike could be driven by buyers looking to melt the metals down.

"Or maybe they're hoping that actually, this is the start of a boom and they're going to sit on it and hold onto it and maybe accumulate it over time as a bit of an investment." 

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